Ropes & Gray Serves as Lead Counsel to Index Ventures on Raising $1.65 Billion in Two Months
Ropes & Gray served as lead counsel to Index Ventures on their recently announced $1.65 billion fundraise across two funds to back entrepreneurs with global ambitions: Index Ventures IX and Index Ventures Growth IV.
Completed in just two months from launch, Index Ventures IX closed with $650 million in committed capital and will support early stages businesses; Index Ventures Growth IV closed with $1 billion in commitments which will be allocated to help companies scale.
Founded in Geneva in 1996, Index Ventures is a venture capital firm based in London, San Francisco and Geneva, enabling entrepreneurs to turn bold ideas into transformative international businesses. Since inception, Index Ventures has partnered with exceptional entrepreneurs in Europe, the U.S. and Israel across every investment stage.
The Ropes & Gray team was led by private investment funds partner Morri Weinberg and included tax partner Elaine Murphy, private investment funds counsel Mark Sugino, tax counsel Seth Piken, ERISA counsel Sabrina Glaser, private investment funds associate Alexandra Fenty, tax associate Sarah Reilly and corporate associate Robert Rossi.